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#1
26th November 2007, 09:18 AM
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help me in commodities trading ?
I want to know about commodities trading.please help me on this..I have a commodity trading account..but dont know how to d othat. please help me in learning that........
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#2
26th November 2007, 05:16 PM
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Re: help me in commodities trading ?
hai, with which broker you have opened account, visit www.crnindia.com
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#3
26th November 2007, 09:35 PM
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Re: help me in commodities trading ?
Quote:
Stick to global items like gold, crude, silver. Otherwise u r minced meat. Trading is universal - so it is better to have traded something first (and consistently made money) before you dive into commodities. best wishes m
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#4
5th December 2007, 09:38 PM
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Re: help me in commodities trading ?
Quote:
If you are new to commodities, then take sometime out, learn the basics first. Learn to watch the market. By watching the market you will be able to zero in on what you wish to trade. Trade preferably in Gold, Silver, Crude, Copper. As far as possible keep away from agri commodities. The commodities mentioned above are traded actively across the globe. I trade using charts. That is how i can trade. There are others who use other methods to trade. I trade in Silver off late very actively. Gold, Copper and Crude are the other favorites of mine. I am a pure technical trader, so I buy only when my charts say buy and not otherwise. I dont jump the signal to prove that I have the guts to go against the market. Markets are not places to prove your gut feelings. I use Bollinger Bands and MACD for directions. Many others use different signals. Try out various signals, see which one you are comfortable with. Test, verify everything. Do not believe others, but listen and then decide what is good for yourself. After all its your money that is at stake. I believe in this saying "MARKETS ARE ALWAYS RIGHT". At the most I can be on the "RIGHT SIDE OF THE MARKET" and "RIDE THE TREND". My Friend, TREND is your BEST FRIEND. Raja Krsnan
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